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Razorpay (YC W15) offers Stripe-style payment experience in India

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Re: Razorpay (YC W15) offers Stripe-style payment experience in India

#51

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0 - Payzippy was discontinued. And even so, their offerings were not much different from other gateways in the country. Juspay offers their integration on top of other gateways. Thus, it solves only part of the problem, since you still have to deal with tough onboarding process. 1 - We are very grateful of the open-source community and do plan to give back to it in whatever ways we can. Follow our github organisation…

would like to hear about your YC experience - especially as an India-focused-and-returning-to-India-after-YC startup. This has been fairly new on YC's side and would like to hear from you what your view is.

YC experience has been really awesome. Whether you are in India or anywhere, noone can help your startup as much as YC can. We will do a separate blog post on that soon to explain it in more detail.

Re: Razorpay (YC W15) offers Stripe-style payment experience in India

#53
post #49

Earlier quoted context omitted.

Great work, and thanks for coming forward to answer the questions. If I were to build a funnel for payments (banks/insurance/corporates at one end and small merchants/SOHO stores/utility services at the other) how easy or difficult is it to use razorpay's services (considering a team of two with decent full-stack programming experience)? What sort of legalities would I be bound with Razorpay along with the vendors/en…

Hi, what you need is a marketplace. While, we do support that, it takes time to get approvals for it. Please drop us a mail at contact@razorpay.com and we can discuss this further on how to speed it up for your use case.

Thanks. One of my friends was looking at building a bill pay portal (akin to freecharge) with a wider set of endpoints. Will get further questions clarified via an email.

And BTW, the API docs via readme.io - real good!

Re: Razorpay (YC W15) offers Stripe-style payment experience in India

#56

Noob question. Does pricing of payment gateways include interchange fee for card based transactions? If not then that means online payment cost is 5-6% of the transaction value to the merchant (say for 2% interchange fee) which seems huge.

Hi No, the pricing we have given on our site includes interchange fees as well.

Re: Razorpay (YC W15) offers Stripe-style payment experience in India

#57

Will you be adding support for recurring transactions for non indian credit cards?

Hi, We plan to in the future. We haven't many people requesting it since most of them have majority of Indian customers which can not have recurring billing

Re: Razorpay (YC W15) offers Stripe-style payment experience in India

#58

Great Work. How do you plan to support recurring transactions with minimum manual intervention? (I think they do not allow automatic charges of CC in India)

We are still working on this and will share details once we have something concrete.

Re: Razorpay (YC W15) offers Stripe-style payment experience in India

#59
post #53

Earlier quoted context omitted.

Hi, what you need is a marketplace. While, we do support that, it takes time to get approvals for it. Please drop us a mail at contact@razorpay.com and we can discuss this further on how to speed it up for your use case.

Thanks. One of my friends was looking at building a bill pay portal (akin to freecharge) with a wider set of endpoints. Will get further questions clarified via an email. And BTW, the API docs via readme.io - real good!

Sure, drop us an email at contact@razorpay.com and we can take that further.

Yeah, Readme is part of current YC batch, they are awesome!

Re: Razorpay (YC W15) offers Stripe-style payment experience in India

#60
Congratz on the launch.

I have some questions

1. If a startup is not incorporated, can we still use Razorpay ? I guess instamojo allows it

2. If I have a static site, can I still use Razorpay for payments ?

3. What is the turnaround time for depositing the money into sellers bank account ? What is the frequency ?

4. Do you provide some webhooks functionality ?

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